#BTC #BTC☀
A brief and useful analysis of BTC (Bitcoin) – dated April 8, 2025
Current price: about $82,400 (the $82,000 barrier has already been broken).
Overall trend: Bullish on the daily and 4-hour time frames.
Next resistance: $83,500 – $85,000.
Closest support: $81,300 then $79,500.
Ideal entry point for buying: If the price returns to test the support at $81,300 with reversal signals appearing.
Suggested stop loss: Below $79,500.
Short-term profit target: $83,500 – $84,800.
Current advice:
If your buy order was from $82,230, you can set your first target at $83,500 while keeping the stop loss below $81,000 to protect profits. The market shows strong momentum but watch the news and volatility.